IPO-BOUND AVC ADDS TWO MORE

AVC has continued its unyielding acquisition strategy, picking up two more pubs including the biggest 2021 sale to date in Queensland, in association with listed landlord HPI. Currently working on its book build for an IPO tipped for coming weeks,

STATE’S BIGGEST GAMING PUB ON OFFER

Listed pub landlord HPI has put up a long lease on the extra-large-format Acacia Ridge Hotel in the Brisbane suburbs. Built in the 1970s by Castlemaine brewery, the pub was originally used as a warehouse for distribution. It counts a

HOTEL PROPERTY INVESTMENTS BOOK $63m IN NEW PUBS

ASX-listed pub landlord Hotel Property Investments has entered agreements to acquire three hotel properties, across Queensland and Victoria, for a combined $63.3 million. The hotels are Mango Hill Tavern and First Choice Liquor, 29 kilometres north of the Brisbane CBD,

AVC & COLES INK HPI LEASE EXTENSION

Listed entity HPI has announced a deal renewing the bulk of its leases to Australian Venue Co (AVC) and the partnership with Coles, bringing “confidence” in the future to all parties and the pub sector. Hotel Property Investments (ASX: HPI)

HPI DIVEST COLES’ WICKHAM ON TIGHT RETURN

Hotel Property Investments has divested its freehold interest in the Coles-tenanted Wickham Hotel in Fortitude Valley on a sharp yield not seen in the state for a decade. The ASX-listed HPI holds in excess of 40 venues in Queensland and

HPI OFFERS UP COLES TENANTED HOT PROPERTY INVESTMENTS

Listed landlord HPI is making hay in the Sunshine state, offering up two of its Coles-tenanted pub freehold investments. Capitalising on the continued bullish market conditions, HPI (Hotel Property Investments) has listed the freehold of its Hotel Allen in Townsville,

COLES LANDLORD HPI SELLS

Listed landlord to ALH and Coles pubs HPI has divested the Payneham Tavern to an unnamed Sydney investor. The Payneham Tavern and Liquorland drive-thru bottleshop are tenanted by Coles on a 20-year lease plus two ten-year options, with built-in annual

COLES INVESTMENT PUB ON OFFER BY HPI

Australia’s most dynamic pub real estate investment trust is offloading one of its prime Coles-tenanted assets while the investor market runs hot. Hotel Property Investments (HPI) is the ASX-listed REIT (Real Estate Investment Trust) that was spun out of the

MOELIS EDGES AHEAD IN RACE FOR REDCAPE

The future of the Redcape portfolio has taken another step, as the Moelis-Meers partnership progresses in its race to own its 26 pubs in New South Wales and Queensland. The Australian Financial Review reported that Moelis and Redcape have signed

MORE PROFITS PENDING FOR ALH’S LANDLORD

The original ALH listed landlord tips a “positive” future amid higher profit distribution and continued “operating profitability” across much of its pub portfolio. ALE Property Group last week released its Annual Review, Annual Report and Property Compendium 2015, detailing finances